Crypto Biz: SushiSwap bets on new roadmap against DEX competition
This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.
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Mark Cuban calls token valuations “inflated” shortly after NFT mint
While apes rejoiced at the sight of DeFi bags in Cuban's addresses, he might be preparing for a bearish future. 4684 Total views 17 Total shares Shortly after a limited edition non-fungible token release, entrepreneur and Dallas Mavericks owner Mark Cuban has called into question the valuations in the NFT space, as well as those…
DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap
The price of the meme-based cryptocurrency is at an all-time high as it approaches $0.20. 297 Total views 4 Total shares The price of Dogecoin has surged seemingly without any push from prominent figures on social media or major developments in the project. According to data from CoinMarketCap, the price of Dogecoin (DOGE) is more than…
SEC Commissioner Hester Peirce: Crypto Markets Should Self-Regulate When Possible
United States Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce has argued in favor of self-regulation for cryptocurrency markets when possible. The commissioner made her remarks during a public talk together with former Commodity Futures Trading Commission (CFTC) chairman Gary Gensler at the MIT Bitcoin Expo 2019 on March 9.The context for Pierce’s comments…
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
Could holding 0.28 BTC could put you in the 1% wealth bracket?
The numbers line up, but do the facts? A large portion of Bitcoin's (BTC) value lies within its limited 21 million coin supply, which means ownership of a small portion could lead to significant wealth — if mass global adoption occurs. "There is only 0.0027 BTC for the current 7 billion people," trader, Bitcoin evangelist, and…
Bitcoin price slumps $2K on Musk’s ‘in the end’ tweets
Elon Musk continues playing with the crypto Twitter, causing more rage in the community. 3706 Total views 1 Total shares Tesla CEO Elon Musk has brought more stress to the cryptocurrency markets by posting another series of cryptocurrency-related tweets on Thursday.Bitcoin lost around $2,000 in a matter of hours after Musk took to Twitter to…
DEX and interoperability upgrades show TomoChain (TOMO) wants DeFi dominance
The cryptocurrency market started the year in full force and with all the bullish breakouts happening it can be difficult to discern which projects are simply being driven by the macro trend and which are making gains based on solid tech developments and improving fundamentals. As the price of Bitcoin dropped more than $11,000 between Jan.…
US Markets Rebound to Recover All Coronavirus Losses — What About Bitcoin?
The Nasdaq, an index which primarily represents tech stocks like Amazon, Microsoft, and Alphabet, has surpassed 10,000 points to hit a new record high. The move above 10,000 effectively erased all the losses suffered from the coronavirus pandemic, yet, the price of Bitcoin (BTC) remains 50% down from its record high at $19,665.Bitcoin was seemingly…